Senior Finance Analyst, Global R&D Study Forecasting

AbbVie•North Chicago, IL

2d•$84,500 - $162,000

About The Position

The Global R&D Senior Study Forecasting Analyst is responsible for supporting and performing financial analyses and budgetary reconciliations of Immunology clinical trial budgets. The Senior analyst monitors study forecasts and is responsible for managing study expenses and forecasts for Plan, LBE, LRP and Portfolio submissions. This position collaboratively interfaces with the clinical teams, respective finance management and supports ad-hoc requests and projects.

Requirements

Bachelor’s degree in Finance or Health sciences is required.
Minimum of 4+ years of progressive and related experience required.
Strong financial, analytical and problem solving skills.
Strong attention to detail.
Demonstrated ability to derive insights from data and distill into summarized format.
Ability to learn fast, grasp the "essence” and change course quickly where indicated.
Self-starter with ability to operate independently, drive processes, identify and implement process improvements, establish, and adjust priorities to achieve objectives and operate with speed and agility.
Builds strong relationships with peers and cross functionally with partners outside of team to enable higher performance.
Excellent time management with respect to priorities as well as self-management skills.
Proficient Excel skills required.

Nice To Haves

Knowledge of SAP and PowerBI is a plus.

Responsibilities

The Senior Analyst is accountable for a specific set (by indication) of clinical study budgets within a Therapeutic Area, supporting both ongoing and planned studies.
The Senior Analyst has a thorough understanding of the budgets and utilizes financial and tracking tools to prepare, develop and monitor forecasts on a monthly basis as well as report and reconcile for Quarterly reviews.
Supports all aspects of the clinical trial budget process including trial cost analysis, scenario planning, contract funding approval, and study budget management through the study life-cycle.
Gathers data from a variety of sources and provides quality clinical study budget information and metrics to Clinical and Finance Management to aid in planning decisions.
Responsible for preparing predefined and ad hoc reports for the clinical teams and finance management, communicating on a timely basis for variance discrepancies and issue resolution.
Supports the business in assessing and investigating study spend vs. forecast.
Demonstrates awareness and use of data sources by proactively updating previously established forecasts at a regular cadence (monthly LBEs, Quarterly R/OSS reviews, 50%/100% enrollment timepoints, annual cost validation), and update manager as to the status of the study being forecasted (startup, Main R/OSS, reconciliation and close-out).
Interacts with various levels of management and functions within the organization.
Supports finance management on ad-hoc requests and projects.